All but the smallest out-of-state online retailers would have to collect and remit a use tax to the states, under a planned federal act that Senators Dick Durbin (D-Ill.) and Mike Enzi (R-Wyo.) are expected to introduce in Congress, according to news reports. In an editorial, the Chicago Sun-Times praised the concept of a national use tax […]

April 29, 2011Comments Off on Durbin to sponsor federal use-tax actRead More

By Claire Hoffman Medill News Service — April 18 may have been more dismal than usual for some Illinois taxpayers due to a new line on the state income tax form. Beginning with the 2010 tax year, Illinois Form IL-1040 specifically required individuals to report any use tax not paid on purchases made online or outside […]

April 20, 2011Comments Off on State hopes to push use-tax burden to consumers with 2010 tax formRead More

Search in Archive

Recent Comments

ABOUT US

L3C Chicago, L3C, owns and operates SmallBusinessExecutive (SmallBizChicago.com). The company also provides editorial services and consulting to media outlets and other organizations, including content strategy, editorial management, reporting, writing, editing and research.
The company launched SmallBizChicago.com in 2010 as a pilot project. Today it serves to showcase the company's capabilities while providing information and inspiration to other small businesses.
Now called SmallBusinessExecutive, the site provides the stories behind small businesses and also the lessons their owners have learned in an effort to inform, inspire and connect businesses and the public in Chicago and beyond.
Enjoy it!
Ann Meyer

Get in touch with us !

The easiest way to get in touch with us is by email. Shoot us a message and we'll be back to you shortly.